Author

Topic: Volatility prediction (Read 1546 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
November 20, 2014, 12:37:47 AM
#10
Put my sell order in at $5k Tongue

I'll see you then! After we first hit $4k  Tongue
hero member
Activity: 1106
Merit: 527
November 20, 2014, 12:29:06 AM
#9
Because Bitcoin is no longer mysterious for most people, calm down is no doubt.
hero member
Activity: 490
Merit: 500
November 19, 2014, 08:59:25 PM
#8
Put my sell order in at $5k Tongue

do you believe this prediction?
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
November 19, 2014, 03:02:21 PM
#7
Put my sell order in at $5k Tongue

Good strategy  Smiley
legendary
Activity: 1652
Merit: 1265
November 19, 2014, 03:01:02 PM
#6
Put my sell order in at $5k Tongue
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
November 19, 2014, 02:14:37 PM
#5
But how can you have a low volatility and a bitcoin price going up to 5000 usd within this year as more than 50% of bitcoiners believe when asked at the beginning of the year? or can we have a linear growth without huge ups and downs?

Rising to 5000 USD is possible but the chance is quite small. If you check the historical data you can immediately see. There are only about 40 days left, and the maximum rise within 40 days was in 2011. Rising to 5000 means about 2.5 log return in the next 40 days. As you can see, it's quite difficult to reach that level again.

legendary
Activity: 868
Merit: 1006
November 19, 2014, 02:02:27 PM
#4
But how can you have a low volatility and a bitcoin price going up to 5000 usd within this year as more than 50% of bitcoiners believe when asked at the beginning of the year? or can we have a linear growth without huge ups and downs?
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
November 19, 2014, 01:50:33 PM
#3
The more time it gets to this steady area, the more people will start to believe they can trust BTC. So I hope it stays there.

Yeah, volatility is indeed a big issue that stops Bitcoin from being adopted in people's daily life. But for options traders, many prefer high volatility.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
November 19, 2014, 01:36:42 PM
#2
The more time it gets to this steady area, the more people will start to believe they can trust BTC. So I hope it stays there.
hero member
Activity: 826
Merit: 1000
Founder & CEO of Coinut.com, Litecoin Core Dev
November 19, 2014, 01:14:54 PM
#1
We just experienced a volatility peak during the past few weeks. Now, the market seems going to calm down.




Prediction of future volatility.
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